Also trades as: HKBNF (OTC) · $vol 0M

HK$5.53 ($0.70)

-0.03 (-0.45%)

Weekly Expected Move ±1.5%

HK$5 HK$5 HK$6 HK$6 HK$6

HKSE · Communication Services · Telecommunications Services · Tech Score Sell · Power 39 · HK$8.2B mcap · 342M float · 0.343% daily turnover

Revenue

$11.1B +4.5% ▲

5Y CAGR: +3.3%

Gross Profit

$2.6B +3.0% ▲

5Y CAGR: -1.0%

Operating Income

$952M +5.6% ▲

5Y CAGR: +8.3%

Net Income

$207M +1912.9% ▲

5Y CAGR: +16.3%

EPS (Diluted)

$0.14 +1900.0% ▲

5Y CAGR: +16.3%

EBITDA

$2.4B +13.8% ▲

5Y CAGR: -1.3%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$11.5B	$11.6B	$11.7B	$10.7B	$11.1B
YoY Growth	+21.3%	+1.4%	+0.6%	-8.9%	+4.5%
Cost of Revenue	$8.7B	$8.8B	$9.1B	$8.1B	$8.5B
Gross Profit	$2.8B	$2.8B	$2.6B	$2.5B	$2.6B
Gross Margin	24.4%	24.4%	22.3%	23.6%	23.2%
R&D Expenses	$37M	$32M	$32M	$28M	$0
SG&A Expenses	$1.9B	$1.8B	$131M	$1.6B	$116M
Operating Expenses	$1.9B	$1.9B	$1.9B	$1.6B	$1.6B
Operating Income	$857M	$977M	$758M	$901M	$952M
Operating Margin	7.5%	8.4%	6.5%	8.5%	8.6%
Interest Expense	$364M	$369M	$770M	$895M	$703M
Income Before Tax	$325M	$712M	-$1.2B	$29M	$216M
Tax Expense	$118M	$159M	$36M	$19M	$9M
Net Income	$207M	$553M	-$1.3B	$10M	$207M
Net Margin	1.8%	4.8%	-10.8%	0.1%	1.9%
EPS (Diluted)	$0.14	$0.37	$-0.97	$0.01	$0.14
EBITDA	$2.6B	$2.8B	$1.2B	$2.1B	$2.4B
Shares Outstanding	1.48B	1.48B	1.31B	1.48B	1.48B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$4.8B	$6.7B	$5.0B	$5.8B	$4.8B	$5.7B	$5.4B	$6.0B
Cost of Revenue	$2.7B	$5.4B	$3.7B	$3.8B	$3.6B	$4.5B	$4.1B	$4.5B
Gross Profit	$2.1B	$1.3B	$1.3B	$2.0B	$1.2B	$1.3B	$1.3B	$1.5B
Gross Margin	43.7%	19.9%	25.6%	34.3%	25.1%	22.4%	24.1%	24.8%
R&D Expenses	$16M	$16M	$16M	$0	$28M	$0	$0	$0
SG&A Expenses	$200M	$911M	$907M	$13M	$743M	$810M	-$694M	$920M
Operating Expenses	$1.6B	$928M	$923M	$1.6B	$20M	$792M	$838M	$920M
Operating Income	$472M	$407M	$352M	$409M	$473M	$473M	$461M	$576M
Operating Margin	9.8%	6.1%	7.1%	7.0%	9.8%	8.3%	8.5%	9.6%
Interest Expense	$205M	$295M	$475M	$374M	$449M	$395M	$308M	$403M
Income Before Tax	$328M	$73M	-$1.2B	$8M	$21M	$113M	$103M	$180M
Tax Expense	$79M	-$12M	$48M	$6M	$13M	$6M	$3M	$72M
Net Income	$249M	$23M	-$1.3B	$2M	$9M	$108M	$99M	$108M
Net Margin	5.2%	0.3%	-25.9%	0.0%	0.2%	1.9%	1.8%	1.8%
EPS (Diluted)	$0.17	$0.02	$-0.98	$0.00	$0.01	$0.07	$0.07	$0.07
EBITDA	$1.2B	$1.2B	$42M	$967M	$1.2B	$1.2B	$1.1B	$1.1B
Shares Outstanding	1.48B	1.48B	1.31B	1.48B	1.30B	1.48B	1.48B	1.48B

1310.HK HKSE